Undoubtedly, traditional lenders will never approve your loan application if you have a bad credit. Direct lenders do not discourage accepting applications from bad credit borrowers. Bad credit accepted loans in Ireland can improve your credit rating if the repayment length is a bit longer. The repayment period of these loans vary from three to 36 months. Lump sum payment does not improve your credit score as it does not give a clear idea of your financial commitment. The repayment length of the loan must be at least a year. If you successfully manage to pay each instalment on time, your credit score will go up.